WARC (June 2)
“Sponsors that made a relatively sound bet on one of the major global sporting events could not have foreseen the pandemic. Now, with the games an increasingly controversial topic, sponsors are navigating negative public opinion.” As they “worry about the risks of sponsoring an event opposed by a majority of the country” and focus on avoiding negative exposure, some Olympic sponsors have given up on recouping their investments.
Tags: Controversial, Doubts, Exposure, Foreseen, Negative, Olympics, Pandemic, Public opinion, Risks, Sponsors, Sporting events, Worry
USA Today (May 14)
“From cars to groceries, prices are skyrocketing.” From March to April, the “eyepopping prices” have included “used car prices climbed 10%; airline fares, 10.2%; hotel rates, 7.6%; car rental prices, 16.2%; admission to sporting events, 10.1%; household furnishings, nearly a percentage point; and car insurance, 2.5%.” It remains unclear whether this is “just a recovery blip, or a return of 1970s-like inflation.”
Tags: 1970s, Airline fares, Car rental, Cars, Eyepopping, Furnishings, Groceries, Hotel rates, Prices, Recovery blip, Skyrocketing, Sporting events, Used cars
